New York City » 11203 » E 42nd St » 540 E 42nd St

540 East 42nd Street, Brooklyn, NY 11203 - Property report

Also known as: 540 E 42nd St

Property image for 540 East 42nd Street, Brooklyn, NY 11203

Property type

One Family Attached or Semi-Detached (A5)

Year built

1940

Lot sq. ft.

2,150

Sale price

$340,000

General information

Address

Primary address

540 East 42nd Street

ZIP code

11203

Neighborhood

East Flatbush

Borough

Brooklyn

Block & lot

04958-0033

Building

Property type

One Family Attached or Semi-Detached (A5)

Building sq. ft.

909

Building dimensions

21.5 ft x 44 ft

Buildings on lot

Stories

Year built

1940

Last altered

2021

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Garage type

Basement Garage

Sales

Sale date

09/28/2005

Sale price

$340,000

Tax

Tax year

2026-2027

Property tax

$6,369

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

East 42 Street (narrow)

Nearest wide street

Albany Avenue

Distance to wide street

Lot dimensions

21.5 ft x 100 ft

Lot sq. ft.

2,150

Area overview

Walk score

72 /100. Very Walkable

Transit score

87 /100. Excellent Transit

Bike score

63 /100. Bikeable

School district

Community district

Closest police station

0.99 Miles

Closest fire station

0.71 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 540 East 42nd Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 540 East 42nd Street, Brooklyn, NY 11203

Sale date	Sale price	Buyer name	Seller name
09/28/2005	$340,000	XXXXX, XXXXXX	XXXXXXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/18/2016 - R 06/08/2015 - D	Agreement (2016012200551001)	XXXXXXXX XXXXXX	XXXXX XXXXX XXXX X X
07/30/2015 - R 06/08/2015 - D	Agreement (2015062501103003)	XXXXXXXX XXXXXX	XXXXX XXXXX XXXX X X
04/02/2015 - R 03/20/2015 - D	Satisfaction of Mortgage (2015032300784001)	XXXXXXXX XXXXXX	XXXXXXXXXXXX XXX
07/30/2015 - R 03/19/2015 - D	Assignment, Mortgage (2015062501103002)	XXXX XX XXXXXXX XXX XXXXX XXXX XXXXXXX XXX XXXXXX	XXXXX XXXXX XXXX X X
07/30/2015 - R 03/19/2015 - D	Assignment, Mortgage (2015062501103001)	XXXX XX XXXXXXX XXX XXXXXXX	XXXX XX XXXXXXX XXX XXXXX XXXX XXXXXXX XXX XXXXXX
10/15/2014 - R 09/26/2014 - D	Satisfaction of Mortgage (2014100701363001)	XXXXX XXXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
01/13/2010 - R 12/19/2009 - D	Mortgage and Consolidation (2010010501515001)	XXXXX XXXXXX	XXXXXXXX XXXXX XXXX XX
03/24/2006 - R 01/25/2006 - D	Deed (2006031600351001)	XXXXX XXXXXX X	XXXXXXXX XXXXXX
11/04/2005 - R 10/13/2005 - D	Satisfaction of Mortgage (2005102600738002)	XXXXXXXX XXXXXX	XXX XXXXXX XXXXXXXX XXXXXXXXXX XXXX
11/04/2005 - R 10/13/2005 - D	Assignment, Mortgage (2005102600738001)	XXX XXXXXX XXXXXXXX XXXXXXXXXX XXXX	XXXXX XXXX XXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 540 East 42nd Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$6,369

Municipal exemptions

Recent tax assessments

Market value

$674,000

Assessed value

$40,440

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$636,000	$38,160	$32,096	19.843%	$6,369	$6,369	+0.40%
2024/25	$608,000	$36,480	$31,582	20.085%	$6,343	$6,343	+5.76%
2023/24	$634,000	$38,040	$29,863	20.085%	$5,998	$5,998	+3.66%
2022/23	$550,000	$33,000	$28,490	20.309%	$5,786	$5,786	+12.57%
2021/22	$498,000	$29,880	$25,747	19.963%	$5,140	$5,140	-5.14%
2020/21	$500,000	$30,000	$25,747	21.045%	$5,418	$5,418	+1.11%
2019/20	$553,000	$33,180	$25,318	21.167%	$5,359	$5,359	+7.25%
2018/19	$488,000	$29,280	$23,886	20.919%	$4,997	$4,997	+7.78%
2017/18	$398,000	$23,880	$22,742	20.385%	$4,636	$4,636	+8.08%
2016/17	$359,000	$21,540	$21,456	19.991%	$4,289	$4,289	+2.23%

Permits

Permit information for 540 East 42nd Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
06/06/2021	Alteration
03/25/2021	Alteration
08/14/2017	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

East Flatbush, Farragut residential market stats

Access a detailed real estate market overview of East Flatbush, Farragut so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in East Flatbush, Farragut and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Nostrand Ave & Newkirk Ave at SE Corner

Station lines

2-5

Distance (miles)

0.587

View subway map

Access the detailed traffic volume map for 540 East 42nd Street, Brooklyn, NY 11203 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 208 Elsa Ebeling	7	Yes	Public	PK, K-5	266	0.35
P.S. 208 Elsa Ebeling	7	Yes	Public	PK, K-5	266	0.35
St. Therese of Lisieux School	NR	No	Private	PK, K-8	0	0.13
St. Therese of Lisieux School	NR	No	Private	PK, K-8	0	0.13
St Catherine Genoa-St Therese Lisieu	NR	No	Private	PK-8	199	0.17
St Catherine Genoa-St Therese Lisieu	NR	No	Private	PK-8	199	0.17
P.S. 198	5	No	Public	PK, K-5	293	0.33
P.S. 198	5	No	Public	PK, K-5	293	0.33
Phyl's Academy Prep	NR	No	Private	PK-5	180	0.46
P.S. 109	4	No	Public	PK, K-8	520	0.48

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Is 285 Meyer Levin	6	Yes	Public	6-8	552	0.95
St. Therese of Lisieux School	NR	No	Private	PK, K-8	0	0.13
St Catherine Genoa-St Therese Lisieu	NR	No	Private	PK-8	199	0.17
P.S. 109	4	No	Public	PK, K-8	520	0.48
Great Oaks Elementary School	NR	No	Private	K-8	116	0.49
The Bible Speaks Academy	NR	No	Private	3-9	5	0.57
Learning Dynamics Academy	NR	No	Private	PK, K-7	0	0.58
P.S. 181	5	No	Public	PK, K-8	554	0.61
Central Brooklyn Ascend Charter	8	No	Charter	K-8	778	0.65

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Catherine Mc Auley High School	NR	No	Private	9-12	185	0.30
Cristo Rey Brooklyn High School	NR	No	Private	9-12	302	0.30
Cristo Rey Brooklyn High School	NR	No	Private	9-12	297	0.30
Excelsior Elementary School	NR	No	Private	6-12	131	0.63
New Vistas Academy	NR	No	Private	K-12	66	0.64
It Takes A Village Academy	3	No	Public	9-12	308	0.86
Kurt Hahn Expeditionary Learning School	1	No	Public	9-12	152	0.86
Cultural Academy For The Arts And Sciences	3	No	Public	9-12	232	0.86
Midwood High School	7	No	Public	9-12	4,062	1.08
Brooklyn Bridge Academy	4	No	Public	9-12	116	1.15

Frequently asked questions

What is the year built for 540 East 42nd Street, Brooklyn, NY 11203?

The development at 540 East 42nd Street, Brooklyn, NY 11203 was built in 1940.

What is the total square footage of 540 East 42nd Street, Brooklyn, NY 11203?

540 East 42nd Street, Brooklyn, NY 11203 has a total of 909 square feet.

When was 540 East 42nd Street, Brooklyn, NY 11203 last sold and what was the sale price?

540 East 42nd Street, Brooklyn, NY 11203 was last sold on 09/28/2005 for $340,000.

What is the assessed value of 540 East 42nd Street, Brooklyn, NY 11203?

540 East 42nd Street, Brooklyn, NY 11203 is currently assessed at $40,440.

What are the property taxes for 540 East 42nd Street, Brooklyn, NY 11203?

The property taxes for 540 East 42nd Street, Brooklyn, NY 11203 total $6,368.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.